The alumina industry has observed some of the major ups and downs in the past week across the globe. Let’s revisit the prominent news stories covering the week:
{alcircleadd}Altech gains mining approval for Meckering deposit
Altech Chemicals Limited announces that the Department of Mines and Petroleum (WA) has approved the mining proposal and the associated mine closure plan for its Meckering kaolin deposit. The mining approval marks an important stage in the development of the Company’s proposed Meckering kaolin mine, which will provide feedstock for Altech’s proposed Malaysian high purity alumina (HPA) plant.
Bosnia's Alumina to produce 290,000 tonnes of alumina in 2017
Dr. Radislav Filipovic, Alumina’s director of business marketing and production in most of Zvornik collective, has announced that the company is planning to produce 290,000 tons of alumina in 2017. According to him, the company "Alumina" presently exports its products to 28 countries around the world in Europe, America, Africa and Asia. The company expects to introduce some 10 new products which will lead to market diversification. The company has increased its production capacity in 2017 in order to meet the market demand.
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Altech Chemicals reports significant advancements in HPA projects during H2 FY2016
Altech Chemicals presented its operations report for the half-year ended December 31, 2016. During the period, the company made advancements in a number of key business areas. Commercialisation opportunity was explored for Altech's kaolin (aluminous clay) deposit located at Meckering, Western Australia. The company plans to construct a high purity alumina plant in Johor, Malaysia, that would extract alumina from kaolin, producing 99.99 per cent alumina oxide (Al2O3) - high purity alumina (HPA).
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